KUALA LUMPUR (May 15): Credit Suisse analyst Danny Chan upgraded the recommendation on Dialog Group Bhd to outperform from neutral.
* Price target (PT) raised to RM3.80 from RM3.20. Dialog Group average PT is RM3.62.
* Dialog Group had 11 buy, 5 holds, 0 sells previously: Bloomberg data
* Analysts haven't changed their consensus one-year target price for the stock in the past six months. Forecasts range from RM3.09 to RM4.13.
Performance Metrics
* Investors who followed Chan's recommendation received a 0 percent return in the past year, compared with a 1 percent return on the shares.
* In the past two years, Credit Suisse has rated Dialog Group neutral twice and outperform twice.
* The shares rose an average 6.1 percent in the periods rated neutral and rose an average 22 percent in the periods rated outperform.